Elon Musk'a karşı Dogecoin yatırımcıları tarafından açılan toplu dava sona erdi. Yatırımcılar, Tesla CEO'sunu 2021'de meme coin'in fiyatını manipüle etmekle suçlayarak dolandırıcılık ve içeriden bilgi kullanma iddiasında bulundu. Ancak davanın reddedilmesinin ardından temyiz başvurularını geri çektiler.
Investors also withdrew their sanction request against Musk's legal team. Previously, they accused Musk’s team of interfering in the appeal and demanding excessive legal fees. Musk and Tesla withdrew their own claims against the investors' lawyer, accusing them of coercing settlements with groundless allegations.
Judge Alvin Hellerstein's decision in August noted that Musk's tweets about Dogecoin did not constitute securities fraud. He found claims of market manipulation and insider trading unconvincing. Initially, investors sought $258 billion in compensation.
Despite legal challenges, Musk continues to be involved with initiatives centered around DOGE. Following Trump's election victory, Musk and biotech founder Vivek Ramaswamy were tapped to lead a newly formed Government Activism Department, abbreviated as ‘DOGE,’ resonating with the meme coin.
Following these developments, Dogecoin experienced a significant rally, outperforming most altcoins. DOGE surged over 130% since the election results, reaching its highest value since May 2021.
Meanwhile, Musk has also initiated a lawsuit against OpenAI, led by Sam Altman, claiming disagreements about a cryptocurrency launch idea in 2018.
